What Are Pigment Dispersions
Pigment dispersions are the finely divided solid or
liquid substances that are used to color and decorate products. The market for
pigment dispersions is growing rapidly owing to the increasing demand for
innovative and colorful products. The major application areas for pigment
dispersions include cosmetics, paint, inks, plastics, textiles, and paper. The
effective dispersants and pigmentation type are some of the key factors driving
the growth of this market.
The
effective dispersants play a major role in enhancing the performance of pigment
dispersions. They enhance the penetration of pigments into the skin, thereby
resulting in a more uniform distribution of color throughout the skin.
Additionally, they help to reduce the appearance of fine lines and wrinkles.
Pigment dispersions are also obtained by various pigmentation types such as
natural (such as browns, blacks, and yellows), synthetic (such as titanium
dioxide), and mixed (containing both natural and synthetic pigments). The mixed
pigment dispersions are growing at a faster rate than any other type due to
their versatile nature and ability to be customized according to customer
requirements.
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The
pigmentation type is another important factor driving the growth of this
market. One major reason for this
Pigment
Dispersion Market by Dispersion Type (Water based, Solvent based)
The pigment
dispersion market is projected to grow at a CAGR of 5.5% during the forecast
period 2016-2021. The growth is attributed to the growing demand for natural
and organic products, increasing awareness about environmental hazards
associated with conventional coloring agents, and increased R&D investments
in the dyeing and color management technology industry.
The
water-based pigment dispersion segment is expected to account for the largest
share of the pigment dispersion market in 2016 owing to its ease of use and
low-cost production. The solvent-based pigment dispersion segment is expected
to grow at a slower rate due to its high manufacturing cost.
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Market Cap
for Building Supplies Abroad in 2020
Pigment
Dispersions Market is estimated to grow at a CAGR of around 7.5% during the
forecast period 2020-2024.
The pigment
dispersions market is expected to grow at a CAGR of around 7.5% during the
forecast period 2020-2024, owing to the growing demand for building supplies
and paints abroad. The increasing demand for paints and other building
materials in emerging economies such as China and India is expected to drive
the growth of the pigment dispersions market.
The
construction industry is one of the key drivers of the global pigment
dispersions market. The increased use of advanced building techniques such as
prefabrication and modular construction is expected to drive the growth of the
construction industry. The growing popularity of green buildings is also
expected to drive the growth of the pigment dispersions market.
Major
players in the pigment dispersions market include BASF SE, Clariant AG,
AkzoNobel N.V., and PPG Industries Inc.
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